Currys told to ditch price lock by shareholder to increase margins July 31, 2022 Currys has been told to ditch its “price lock” commitment and make goods more expensive by a veteran hedge fund manager amid the cost of living crisis. Crispin Odey, who holds a substantial stake in the firm, said “freezers and washing machines are going to have to be more expensive as they are currently being [...]
UK government must wake up to clinical research slowdown, industry body warns July 31, 2022 A slowdown in clinical research could hold Britain back in its bid to become a life sciences superpower, an industry body has warned. In a letter to Rishi Sunak and Liz Truss, the Association of the British Pharmaceutical Industry (ABPI) said “alarm bells” should be ringing across the government, the Sunday Telegraph reported. The letter [...]
Sunak’s pledge to fine NHS no-shows slammed by British Medical Association July 31, 2022 The British Medical Association (BMA) has today hit back at Rishi Sunak’s pledge to issue £10 fines to patients for missed GP appointments. The trade association said charging patients was not the answer to tackling the NHS backlog, and that it is “terribly disappointing that the candidates standing to be the next prime minister seem [...]
UK government should introduce VAT relief for small businesses, says Tide boss July 11, 2022 The government should provide VAT relief for small companies to help them cope with rising business costs, the chief executive of business banking and financial services platform Tide has said. Oliver Prill, who became chief executive in 2018, said small businesses are finding it extremely tough in the current economic climate and that the UK [...]
UK consulting sector grows 18 per cent as firms deal with post-Covid fallout July 10, 2022 The UK’s consulting sector grew by 18 per cent in 2021 and is forecast to experience further strong growth this year, the Management Consultancies Association (MCA) has said. According to the group’s latest Annual Industry Report, many businesses kick-started new projects last year which had previously been delayed while others focused on digital transformation and [...]
EDF cyber security ‘shortfalls’ see energy giant placed under further monitoring July 10, 2022 FRENCH Power Giant EDF is being scrutinised by the UK’s Office for Nuclear Regulation (ONR) after it identified shortfalls in the firm’s cyber security defences. Following a number of routine inspections over the past year, the regulator said it had found “shortfalls in governance, risk and compliance and certain technical controls” at EDF and that [...]
